Software, telecommunications and digital infrastructure
Bank of China Dubai Branch listed a CNH 2 billion Yulan Bond on Nasdaq Dubai, marking the exchange's first such issuance with yields tightening to 1.60%. Concurrently, Omani and Chinese entities signed 23 strategic agreements in Beijing establishing joint investment funds totaling $1.1 billion. Cumulative Chinese debt listings on Nasdaq Dubai have now surpassed $31.9 billion.
Oman has proposed establishing a preferential bilateral trade and investment agreement with China during talks between Sultan Haitham bin Tariq al-Said and President Xi Jinping in Beijing. The proposed initiative seeks to expand commercial exchanges and create joint investment funds in renewable energy, artificial intelligence, digital technologies, space, and defense. President Xi welcomed closer bilateral ties, describing deepened cooperation with Oman as a shared strategic choice.
ADIPEC 2026 opened in Abu Dhabi on November 2, gathering over 239,000 expected attendees and 40 government ministers to discuss energy security, infrastructure, and artificial intelligence. Major international energy producers, including SOCAR, alongside leading technology companies, are exhibiting across 16 fully booked halls at ADNEC Centre Abu Dhabi.
Oman and China signed a comprehensive agreement and 14 memoranda of understanding in Beijing, including a formal bilateral currency swap mechanism. The agreements target cooperation in green development, digital currency, securities regulation, and space technology. Chinese direct investment in Oman has reached over 33 billion yuan ($4.6 billion).
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